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Thanks everyone for the replies on my chart. The more I look at it I can see that Trade #1 was stupid unless for a quick scalp. Trade 3 the same deal. But trade #2 looks legitimate to me..........uptrend, retracement, continuation, & enter. Was there a good reason to stay out of the...

I'll check that out thanks. I just realized I posted a bunch of crap in somebody else's thread. I should've started my own thread. Sorry about that. I'd just been following this thread & got frustrated & posted here.

I don't need that WMA. It's just on there. How do you get to the next level where you know not to enter where I entered? With the entire chart there it's easier to see, but going bar by bar where you can't see the future the entries seemed ok to me at the time. Please don't anyone...

I need some help. Here's a typical trading series for me. Down 47 points. How do I avoid this? They look like decent entries to me; if I didn't take one of them it would be the one that takes off for 100 points. I've got plenty of screen time, but it still feels very random to me...

I kept track of all the swings for a while & know how much there is out there to capture, but for some reason it doesn't seem real easy to capture them. If you're wrong on 1 or 2 trades to start the day then you have to capture a couple swings just to breakeven & then be right on the next...

That's a good thread. Thanks. I'm not anywhere near being a genius, but I overanalyze & micromanage the hell out of things sometimes; that just doesn't work. Maybe a person with a really high IQ would have trouble with that also. Plus like some of have stated it's a game against...

Do you mean they would probably try to anticipate too often?

Isn't trading pretty much the equivalent of a very complex game? (extremely complex maybe) :) I don't see why not. If that's the case why wouldn't someone considered to be a genius be able to rake in the dough playing it. They can normally figure out how to win any other game I...

Thanks for that analysis. I printed off the chart & followed along. It all makes perfect sense. I need to start paying more attention to the 5 minute chart. I have it up at all times, but I get caught up in the fluctuations on my smaller timeframe chart instead of paying attn to the big...

I also have trouble finding "trends" until it's too late, but it's obvious to see that price was going up & retracing on the 5 minute (whether that's called a trend or not doesn't really matter I guess). 100 CL points should have been easy as pie if using the 5 minute chart today. The sad...

I have so many trades on my chart I can't even remember why I placed them. I get in & out, in & out. The chart is a mess by the end of the day. Perhaps I need to be a little more patient & wait for better setups. (change that to "obviously" I need to be more patient). Yesterday the chart...

I don't know if I agree with the first statement. Sometimes it will appear as a high probability to me that price is going up to a certain level, and I may take a profit there. But once that level is hit then I may not have a clue where it's going next, so entering a trade in the opposite...

I'm not sure what you mean. If going long buy at/close to the bottom of a price gyration. If going short sell at/close to the top of a price gyration. Exit varies depending on what's happening.

I just make stupid decisions & I don't know why. I don't really see price action as more difficult from one day to the next since I've see it all before. For instance a thin market on a Friday before holiday is what some people call difficult, but if you know it's coming & you've seen it...

Do what you must to ensure total of wins is greater than total of losses.

The "useless" setups don't look so useless at the time. In my mind I justify why it's going to go up or down & I enter the trade for a specific reason; afterwards when all is said & done I can see that there was no good reason for the trades. Meditation may be a good idea. Maybe I'll give...

Yes, daytrader trading CL-oil right now. NQ sometimes. I'm familiar with both. Yeah, don't trade on the days I don't feel calm & confident. :) That is a tough one. It's extremely difficult to sit out the entire trading day; I feel like this is something I should be able to overcome. I...

Today I had one of those days where trading just seemed really easy. I was calm, confident, careful. I felt like I could read the charts like a trout fisherman can read a stream. It all just seemed really logical & clear. It's not the first day I've had like that; in fact it happens quite...

Even if you know the metrics of your market & you know there will be daily price gyrations you still have to catch the tops & bottoms of those gyrations and you have to be correct most of the time. On Friday there were about 11 swings in CL minimum 40 points, but you still have to get in on...

How do you determine if the distance was too fast or too lengthy to enter the trade? It seems like it would always come down to a judgement call. I'm trying to get my trading away from judgement calls & be more scientific or whatever you want to call it. I know what you mean about the...